The National Telcom Corporation (NTC) is an association-captive business insurance and risk management company, sponsored by NTCA and exclusively owned and controlled by NTCA and its members. NTC was the 4th captive and the 1st association captive licensed in Vermont. While NTC is incorporated in Burlington, Vermont, its administrative offices are located in Greenbelt, Maryland with satellite offices in Churchton, MD, Euless, TX, and Weston, WI.

Since its inception in 1982, NTC has grown and changed with the telecommunications industry. In the beginning, NTCA and individual members capitalized NTC through stock purchases. From an asset base of 1 million, NTC has grown fiscally each year. In 1989, NTC started an agency to manage its operations. This agency is known as Telcom Insurance Services Corporation (TISC). Together NTC and TISC form the Telcom Insurance Group (TIG).

TIG has entered into agreements with Great American Insurance Company (GAIC). Together they provide a cost-competitive, service-oriented product for policyholders through a captive insurance program. Underwriting, claims services, and loss control services are provided through their combined efforts. Additionally, Telcom utilizes other carriers, such as The Hartford, St. Paul Travelers, and CNA to provide additional coverages outside the captive for the membership.

In September 2004, NTCA officially put its trust in Telcom as the only endorsed program for the Directors and Officers Insurance program for the membership. Without a doubt, there is absolutely no reason to go elsewhere for this coverage—rate and form are superior to other products on the market. More than 210 members enjoy the advantages of participating in this Association sponsored program for their insurance needs.

Currently, participating property and casualty members total more than 150 policyholders. These members enjoy a variety of benefits such as a comprehensive telecommunications-specific business insurance program, risk management safety and loss control programs which include printed materials and films-for-the-lending, a bi-monthly newsletter titled Risk Management Matters, and service with claims, bonds, certificates, specialty line coverages, and auto identification cards, to name but a few. All NTCA members are enhanced by industry-related workshops and seminars at statewides, NTCA meetings, and, of course, TIG’s Annual Risk Management Conference.

While the membership’s property and casualty, specialty lines, and risk management needs evolve, so do the programs and coverages provided by Telcom. As such, the traditions and foundation of our history provide a benchmark for planning and implementation of these future goals. It’s an exciting time for the organization as we continue to grow and earn the trust of the members.